Housing prices have risen in Baku

Last month, the housing market saw an increase in prices

Manufacture of building materials observed growth for Jan-Feb

Azerbaijan produced building materials for 173.9 million manats ($102.2 million) for Jan-Feb 2024 (35.1% more versus Jan-Feb 2023)

Extra investments made in this cement plant

Finances were invested in a cement plant registered in the Nakhchivan Autonomous Republic.

Will lighting of Baku cost 2.5 million manats?

The Baku City Electric Grid Company has signed an agreement with Interkabel in the amount of 2.5 million manats.

Cement production grew by 23%

Azerbaijan produced 251.6 tons of cement for January 2024.

A concrete plant to start operating in Aghdam

Roofing materials to be produced in Aghdam industrial park

NN-Tel Group LLC, a resident of the Aghdam Industrial Park, plans to start construction of a PVC roofing plant from this May.

Consideration of applications is possible for own house construction in liberated lands

Applications from those wishing to build their own homes in the liberated territories can be considered, ABC.AZ informs with reference to Cabinet Ministers’ activity report for 2023.

Over 19 million manats to be directed for reconstruction of ChTZ canal

The Joint Department of Land Melioration & Irrigation Facilities under Construction will allocate about more than 19 million manats for the first stage of work on the reconstruction of the ChTZ canal.

Construction of a residential quarter in Zangilan to cost 11.5 million manats

The Reconstruction, Construction & Management Service of Eastern Zangezur #1 will allocate 11.5 million manats for the construction of a residential quarter in the city of Zangilan.

Over 14 million manats to be directed for renovation of a hotel in Agali village

Aghdam to produce quicklime and perlite

A quicklime and perlite production facility will be created on the territory of the Aghdam Industrial Park.

Azerbaijan exported cement clinker for $46 million last year

Azerbaijan exported 814,803 tons of cement clinker in 2023 (13.9% more versus 2022)

These products have gone up in price — Report

If to characterize the price changes in the construction materials market in 2024, then decrease in prices in 2023 can be observed.

Akkord's tax debt exceeds 15 million manats

The tax debt of Industrial & Construction Investment Corporation Akkord OJSC to the state has increased even more.

Construction of a residential complex in Jabrayil to be finished this year

The construction of the first residential complex in the city of Jabrayil will be completed by the end of 2024, ABC.AZ reports with reference to the State Housing Construction Agency (MIDA).

What types of housing have become more expensive in Baku?

Last month, the housing market saw an increase in prices, ABC.AZ was informed at the Center for Economic and Social Development (CESD).

The commissioning of new residential buildings has decreased

In 2023, the commissioning of new residential buildings in Azerbaijan has significantly decreased compared to 2022.

Construction of another new residential quarter to begin in Aghdam

In March, the construction of a new residential quarter will begin in the city of Aghdam.

A cement producer under creation in Aghdam

The status of a resident of the Agdam Industrial Park has been granted to Qreys LLC.

Number of houses built by state-owned enterprises drops 3-fold

In 2023, 22,910 residential buildings were commissioned in Azerbaijan.